The Hexaware Technologies board has approved the proposed delisting of the firm based on the recommendation by ICICI Securities.
On June 12, the company had appointed ICICI Securities as a merchant banker for delisting of the company from stock exchanges and carry out due diligence.
Moneycontrol's Sakshi Batra does 3-Point Analysis to understand the rationale behind this move and how the delisting will impact the shareholders.
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